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Economics


At left, economics major Vuk Bojovic '14, second from the left, stayed at the home of former Augustana exchange student Yuki Serizawa while in Japan. At right, Jacob Zubrycki '13 minored in economics before starting as a budget analyst in the Augustana business office.

  • Careers/internships
  • About the program
  • What students say

Augustana’s full-time director of business internships works closely with accounting, business and economics students to place them in their ideal internships, both national and international. Ninety percent of business students complete internships, compared with 75 percent nationwide.

About 75 percent of Augustana’s economics majors continue and excel in graduate or professional school, most commonly law or M.B.A programs. Recent examples include Michigan State (economics), Iowa State (statistics), John Marshall University (law), Southern Illinois (economics), University of California-San Diego (public policy) and University of Illinois (finance). Other graduates pursue careers in government or industry; recent examples include Epic Software (Madison), Ogilvy & Mather (Chicago) and FDIC (Milwaukee).

What graduates do

Allyson Martinez '13 is a junior financial analyst at Ogilvy Action.

Matthew Paris ’13 is a financial institution specialist with the FDIC.

The economics major is 27 credits, and the economics minor is 18 credits, both including courses in macroeconimcs, microeconomics, and specific topic areas such as development or environmental economics, and international trade and finance.

Both the major and minor also include courses in accounting, business statistics and mathematical probability/statistics; additional accounting and mathematics courses are recommended, plus philosophy.

Facts & distinctions

Most Augustana economics students double-major in another discipline, such as accounting, business administration, mathematics, a language, or the natural or social sciences.

Home to more than four municipalities and more than 30,000 businesses — including Deere & Company World Headquarters, 3M, Alcoa and the Rock Island Arsenal — the Quad-Cities area is a rich environment for economists. During the annual Business Day, a premiere job-shadowing event exclusively for Augustana students, economics majors job-shadow with an employer they choose from among hundreds of area companies.

Through the business club and the investment club, students interact with employees and business leaders from various industries. These clubs help students develop their career paths through educational resources and corporate involvement.

Adam DeSimone ‘12, economics and mathematics major; pursuing doctorate in economics at Michigan State
“The Texas Medical Center Summer Research Internship Program was a truly defining academic experience for me. Prior to the biostatistics and medical decision-making research that I did at Houston’s M.D. Anderson Cancer Center, I still did not know whether to pursue law school or an economics graduate program. That experience really took my interest in economics to a new level.”

Abby Meeker '08, economics and business administration major; strategic supply management at John Deere & Co.
"I first took macroeconomics and then microeconomics, and I just thoroughly enjoyed the classes and the professors. They were really, really into what they were teaching. The biggest thing from the economics major that I draw on is simply understanding the economy, especially in the current conditions. A lot of the graphs and things that we look at are a lot like what we looked at at Augustana."

Hasselmo winner Wood fascinated by human conflict

Bolstered by an interest in human conflict and civil war, junior Joe Wood earned the 2014 Hasselmo Prize for Academic Pursuit and its $5,000 award. The political science/economics major will conduct research at a university in Morocco this summer.

Gwaltney '84 named CEO of G2X Energy

Brent Gwaltney '84 has been named CEO of G2X Energy, Inc. He will oversee the company's current and future natural gas to methanol and gasoline plants. Gwaltney has spent most of his career in the management, construction, operation and financing of petrochemical facilities. Previously, he worked for Koch Fertilizer (a division of Koch Industries). He majored in economics at Augustana.

More Than I Imagined: Vuk Bojovic

"I came to Augustana from Serbia, not knowing what I wanted to study. I got a degree in economics, a discipline whose models helped me grasp the behavior of the markets that are applicable in any field. I got to go to East Asia and learn about cultures that are different from both American and Serbian. Because of my experience, I will always be a big advocate of liberal arts education."

Internship profile: Copy Solution International

Octavio Cordero helped to reprint the national IDs for everyone in the Dominican Republic. As an assistant in corporate projects, he had many different tasks. Augustana coursework helped him understand the language being spoken, as well as various business practices

Augustana students selected for APEX contest

A team of Augustana students has been selected to compete in the Allstate APEX case study competition in 2014. Alex Odenkirk, Ty Benson, David Sommers and Cody Burgdorff will compete against seven other schools beginning Jan. 13. Final presentations are Feb. 24-28. Teams work with an Allstate professional to analyze a relevant business issue.
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